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Effective Purchasing Skills and Strategic Sourcing

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Duration: 2 days
Timings: 1000hrs -1730Hrs
Dates: 17-18 June ,2021
Programme Director: Prof. Mohita Gangwar Sharma
Mode: Online/Offline
Fees: (Online): Rs.8000 Plus GST @18%
(Classroom): Rs 16000 Plus GST @18%
(Residential): Rs 24000 Plus GST @18%

Programme Introduction:

Effective purchasing is important for any enterprise – manufacturing or service, public or private. Over the last few decades, the nature of this function has radically changed from just buying cheap to procuring right. From being just a support function it has matured into a profit centre that plays a strategic role in achievement of organizational objectives.

With this backdrop, we at FORE have specially designed this two-day programme to highlight the changed role of the procurement function in the modern operations and the immense potential Right Purchasing offers to the enterprise in improving its operational performance. Purchasing today is not just a support activity but binds together all the organs of the enterprise namely manufacturing, operations, services, finance, stores besides the suppliers and customers.

Programme Objective:

  • To understand the changing role of purchase function
  • To learn the contemporary tools related to the procurement function
  • To appreciate that purchasing today is a strategic management tool
  • To be able to measure the effectiveness of the existing purchase function

Programme Content:

  • Purchasing – A Profession in transition
  • Purchasing Organization
  • Source identification, development and evaluation
  • Reverse auction and e-purchasing
  • International procurement
  • Contract management
  • Purchasing – A Profit Centre

Programme Methodology:

Training will be delivered through the use of interactive methods. These will include:

  • Case studies
  • Interactive exercises
  • Experience sharing
  • Conceptual presentations

Target Participants:

Entry Level and Middle level procurement managers and decision makers from cross-functional areas would benefit from this programme.

Program Faculty:

Prof. Mohita Gangwar
Prof. Mohita Gangwar Sharma is having 22 years of work experience,worked in the Transformer Design Area in BHEL and the Materials Management Deptt. of Air India (erstwhile Indian Airlines) dealing with Procurement, Inventory Planning and Inventory Reporting. Experience in the operational area of both manufacturing and service industry. Professor in Operations Management, FPM (IIM-Lucknow), MPIB (IIFT), B.Tech. (Electrical) (IIT_BHU) Varanasi. She has been a Chevening Rolls Royce Science and Innovation Fellowship (CRISP) Scholar at SAID Business School, University of Oxford. She is also the recipient of the coveted NTSE Scholarship. She obtained her doctorate from the Indian Institute of Management (IIM) Lucknow, making a seminal contribution in the area of Spare Parts Management. Her industry profile includes a stint at BHEL, Bhopal, where she was involved in Product Designing, Manufacturing and Testing, and ISO-9000 Activities. She worked in Indian Airlines in Materials Management Department where she was involved with Tendering, Contract Execution, Inventory Management Aspects of Supply Chain. She has published widely in International Journals and participated in National & International Conferences. She brings the rich experience of the industry and tough academic rigor to her research. Her current areas of research include Circular Economy, Sustainable Operations, Operations Strategy, Product Service Systems, Supply Chain Intelligence, and Service Operations.

Corporate Group Discount:

One complimentary nomination for every group of three nominations from the same organization, i.e., 3+1 participants for the fee of 3 participants

For registration/enquiries , please mail to exed@fsm.ac.in or call at 9166085159 (Mukesh) or 9810875278 (Puneet)

Executive Education/MDPs

FORE School of Management has been designing, developing and conducting innovative Executive Education (EE)/ Management Development Programmes (MDPs) for working executives in India for over three decades.